Public Sector Must Play Major Role in Catalyzing Private Climate Finance
Sharing the risks between public and private sectors would direct a greater share of the world’s financial assets to climate projects.
Chart of the WeekClimate Change Mitigation Will Cause Large Adjustments in Current Account Balances
A climate mitigation policy mix of carbon taxes, green subsidies, and infrastructure investment could reduce global balances by a quarter by 2027. But only if countries coordinate their response.
How Europe Can Protect the Poor from Surging Energy Prices
With fossil fuels likely to remain expensive for some time, governments should let retail prices rise to promote energy conservation while protecting poorer households.
Chart of the WeekMore Countries Are Pricing Carbon, but Emissions Are Still Too Cheap
As the world gears up to avoid a climate catastrophe by limiting global warming to 1.5 to 2 degrees Celsius, more countries are putting carbon pricing at the center of their mitigation strategies.
Chart of the WeekGreenhouse Emissions Rise to Record, Erasing Drop During Pandemic
Emissions of carbon dioxide and other harmful greenhouse gases plunged 4.6 percent in 2020, offering reason to think that the pandemic might be a turning point in the climate-change fight.
How Replacing Coal With Renewable Energy Could Pay For Itself
The world may gain an estimated $78 trillion over coming decades by making this energy transition.
Why Countries Must Cooperate on Carbon Prices
An international floor price for carbon could speed the world’s transition to green energy without compromising countries’ competitiveness.
The Right Labor Market Policies Can Ease the Green Jobs Transition
Measures include job training, tax credits for lower-income workers, green infrastructure and R&D investment push, and a carbon tax.
Top 10 Blogs of 2021 Show Breadth of Global Policy Challenges
The arc of 2021, from tentative recovery to resurgent uncertainty, may feel like more of a circle for many around the world who are understandably weary of the pandemic and eager for a return to normal.
IMF Podcasts: The Year in Review
The past year has brought us new challenges even as the old ones persist. If anything, the ongoing pandemic has taught us to think differently about tackling the challenges and questions we currently face when it comes to big issues like climate change, gender equality, inflation and economic measurement.